NYSE:NFGC New Found Gold (NFGC) Stock Forecast, Price & News $4.22 -0.08 (-1.86%) (As of 11:45 AM ET) Add Compare Share Share Today's Range$4.22▼$4.3550-Day Range$4.15▼$5.0352-Week Range$2.92▼$5.70Volume65,101 shsAverage Volume219,980 shsMarket Capitalization$754.79 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media New Found Gold MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside111.8% Upside$9.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.97Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.32) to ($0.29) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.81 out of 5 starsBasic Materials Sector122nd out of 163 stocksGold & Silver Ores Industry28th out of 37 stocks 3.5 Analyst's Opinion Consensus RatingNew Found Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, New Found Gold has a forecasted upside of 111.8% from its current price of $4.25.Amount of Analyst CoverageNew Found Gold has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NFGC. Previous Next 0.0 Dividend Strength Dividend YieldNew Found Gold does not currently pay a dividend.Dividend GrowthNew Found Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NFGC. Previous Next 2.8 News and Social Media Coverage News SentimentNew Found Gold has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for New Found Gold this week, compared to 2 articles on an average week.MarketBeat Follows7 people have added New Found Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Found Gold insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 3.43% of the stock of New Found Gold is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for New Found Gold are expected to grow in the coming year, from ($0.32) to ($0.29) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Found Gold is -12.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Found Gold is -12.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Found Gold has a P/B Ratio of 11.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About New Found Gold (NYSE:NFGC) StockNew Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 94 mineral licenses and 6,649 claims covering an area of 166,225 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.Read More NFGC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NFGC Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comPALISADES ANNOUNCES NEW FOUND INTERCEPTS AT 421 ZONE AND MINERALIZATION AT GROUSE ZONE AT QUEENSWAY PROJECTSeptember 13, 2023 | finance.yahoo.comNew Found Intercepts 47 g/t Au Over 10.55M & 115 g/t Au Over 4.10M at Iceberg East; Defines Near-surface, High-grade Segment of Iceberg-Iceberg East Covering 570M StrikeSeptember 22, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 5, 2023 | finance.yahoo.comNew Found Hits 119 g/t Au Over 4.10M & 147 g/t Au Over 2.70M at JackpotAugust 28, 2023 | finance.yahoo.comPALISADES ANNOUNCES NEW FOUND GOLD DEFINES MINERALIZED FOOTPRINT AT K2 ZONE AT QUEENSWAY PROJECTAugust 22, 2023 | finance.yahoo.comNEW FOUND INTERCEPTS 86.9 G/T AU OVER 5.30M & 29.4 G/T AU OVER 7.75M AT ICEBERGAugust 21, 2023 | finance.yahoo.comNew Found Announces Completion of 3-D Seismic SurveyAugust 16, 2023 | finance.yahoo.comNew Found to Uncover Keats Zone in Surface TrenchSeptember 22, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 14, 2023 | finance.yahoo.comMaritime Announces New Found Gold as Lead Investor in Previously Announced Note Offering and Memorandum of Understanding for Toll Processing at Pine CoveAugust 9, 2023 | finance.yahoo.comNew Found Intercepts 167 g/t Au Over 4.70M at IcebergAugust 7, 2023 | nasdaq.comNFGC Makes Notable Cross Below Critical Moving AverageAugust 3, 2023 | ca.finance.yahoo.comNFGC Aug 2023 7.500 callAugust 2, 2023 | finance.yahoo.comPALISADES ANNOUNCES NEW FOUND GOLD INTERCEPTS AT KEATS FOOTWALLJuly 24, 2023 | finance.yahoo.comNew Found Intercepts 101 g/t Au Over 2.75m & 11.5 g/t Au Over 8.9m at "421 Zone" at Keats MainJuly 15, 2023 | msn.comGold should be dead, but somehow it’s still adding valueJuly 8, 2023 | theglobeandmail.comIs This The Next Big Gold Discovery In Newfoundland? Early Indications Point To ItJuly 5, 2023 | finance.yahoo.comNew Found Intercepts 14.5 g/t Au Over 27.8m, 9.7 g/t Au Over 20.3m, 34.6 g/t Au Over 5.3m, 39 g/t Au Over 4.3m & 33 g/t Au Over 4.8m at IcebergJuly 5, 2023 | finance.yahoo.comPALISADES ANNOUNCES FURTHER NEW FOUND INTERCEPTS AT ICEBERG AND ICEBERG EAST ZONES AT QUEENSWAY PROJECTJune 28, 2023 | finance.yahoo.comNew Found Intercepts 31 g/t Au Over 7.95m at Iceberg & 15 g/t Au Over 7.55m at Iceberg EastJune 26, 2023 | juniorminingnetwork.comSt. James Gold Signs Letter of Consent to let New Found Gold Conduct Single Line 2D Seismic Survey over Grub Line Property in NewfoundlandJune 26, 2023 | finance.yahoo.comNew Found Provides Update on Industry-leading 3-D Seismic Survey at Its Queensway Gold ProjectJune 22, 2023 | finance.yahoo.comNew Found Makes New High-grade, at Surface Discovery Intercepting 95.7 g/t Au Over 3.25m at "Jackpot Zone"June 20, 2023 | finance.yahoo.comNew Found Intercepts 49.5 g/t Au Over 2.30M & 20.2 g/t Au Over 3.35M at Knob, 2km South of KeatsJune 15, 2023 | finance.yahoo.comNew Found Intercepts 41 g/t Au Over 8.7m & 33 g/t Au Over 6.7m, Extends Iceberg Strike Length To 665mJune 14, 2023 | finance.yahoo.comNew Found Intercepts 5.6 g/t Au Over 16.3M & 3.3 g/t Au Over 15M at Keats WestJune 8, 2023 | finance.yahoo.comPALISADES ANNOUNCES NEW FOUND GOLD INTERCEPTS AND EXTENSION OF STRIKE LENGTH AT ICEBERGSee More Headlines Receive NFGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Found Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address NFGC Company Calendar Last Earnings8/14/2023Today9/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NFGC CUSIPN/A CIK1840616 Webnewfoundgold.ca Phone604-562-9664FaxN/AEmployees93Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.00 High Stock Price Forecast$9.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+109.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-69,220,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-115.24% Return on Assets-88.97% Debt Debt-to-Equity RatioN/A Current Ratio3.60 Quick Ratio3.60 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.37 per share Price / Book11.62Miscellaneous Outstanding Shares178,861,000Free FloatN/AMarket Cap$769.10 million OptionableNot Optionable Beta1.42 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Collin Kettell (Age 32)Founder, Exec. Chairman & CEO Comp: $397.09kMr. Denis Roland Laviolette B.Sc (Age 38)B.Sc., Founder, Pres & Director Comp: $277.96kMr. Michael Kanevsky C.A. (Age 41)CPA, Chief Financial Officer Comp: $119.13kMr. Greg Matheson B.Sc. (Age 37)P. Geo, P.Geo., Chief Operating Officer Comp: $258.11kMr. Ronald HamptonChief Devel. OfficerMs. Melissa Render P.Geo.VP of ExplorationMs. Janet Francis (Age 55)Corp. Sec. More ExecutivesKey CompetitorsCoeur MiningNYSE:CDEFortuna Silver MinesNYSE:FSMSeabridge GoldNYSE:SAEndeavour SilverNYSE:EXKCenterra GoldNYSE:CGAUView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 700 shares on 8/23/2023Ownership: 0.000%Citadel Advisors LLCBought 13,100 shares on 8/15/2023Ownership: 0.000%Goldman Sachs Group Inc.Bought 14,726 shares on 8/15/2023Ownership: 0.008%Royal Bank of CanadaSold 3,980 shares on 8/15/2023Ownership: 0.005%Marshall Wace LLPSold 54,440 shares on 8/14/2023Ownership: 0.008%View All Institutional Transactions NFGC Stock - Frequently Asked Questions Should I buy or sell New Found Gold stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Found Gold in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NFGC shares. View NFGC analyst ratings or view top-rated stocks. What is New Found Gold's stock price forecast for 2023? 2 brokers have issued 12 month price targets for New Found Gold's stock. Their NFGC share price forecasts range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 109.3% from the stock's current price. View analysts price targets for NFGC or view top-rated stocks among Wall Street analysts. How have NFGC shares performed in 2023? New Found Gold's stock was trading at $4.04 at the beginning of 2023. Since then, NFGC shares have increased by 6.4% and is now trading at $4.30. View the best growth stocks for 2023 here. How were New Found Gold's earnings last quarter? New Found Gold Corp. (NYSE:NFGC) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.07) earnings per share (EPS) for the quarter. What is New Found Gold's stock symbol? New Found Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFGC." Who are New Found Gold's major shareholders? New Found Gold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (2.51%), Integrated Advisors Network LLC (0.38%), Citadel Advisors LLC (0.00%), Bank of Montreal Can (0.02%), Cibc World Market Inc. (0.02%) and Cannell & Co. (0.02%). How do I buy shares of New Found Gold? Shares of NFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is New Found Gold's stock price today? One share of NFGC stock can currently be purchased for approximately $4.30. How much money does New Found Gold make? New Found Gold (NYSE:NFGC) has a market capitalization of $769.10 million. The company earns $-69,220,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis. How can I contact New Found Gold? New Found Gold's mailing address is 800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada https://newfoundgold.ca800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada. The official website for the company is newfoundgold.ca. The company can be reached via phone at 604-562-9664. This page (NYSE:NFGC) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Found Gold Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.